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PER SHARE DATA
3 Months Ended
Mar. 31, 2013
PER SHARE DATA [Abstract]  
PER SHARE DATA
NOTE 6 – PER SHARE DATA

Basic earnings per share ("EPS") are calculated using the two-class method. The two-class method provides that unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and shall be included in the computation of basic EPS. Diluted EPS is computed using the weighted-average number of shares determined for the basic EPS computation plus the shares resulting from the assumed exercise of all outstanding share-based awards using the treasury stock method. Weighted-average antidilutive stock options to purchase 2.3 million and 3.0 million shares of Company common stock with a weighted average exercise price of $21.78 and $20.80 per share for the three months ended March 31, 2013 and 2012, respectively, were excluded from diluted shares. Antidilutive other equity awards of approximately 70,000 and 68,000 shares of Company common stock for the three months ended March 31, 2013 and 2012, respectively, were also excluded from diluted shares. The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the periods shown:


Three months ended March 31,
2013
2012
Income
Shares
Per Share
Income
Shares
Per Share
(Numerator)
(Denominator)
Amount
(Numerator)
(Denominator)
Amount
Basic EPS
(In thousands, except per share amounts)
Income available to common
shareholders
$20,80594,596$0.22$22,86691,728$0.25
Effect of dilutive share-
based awards
-160-42
Diluted EPS
Income available to common
shareholders plus assumed
exercise of all outstanding
share-based awards
$20,80594,756$0.22$22,86691,770$0.25